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Search Results 0 to 13 of about 14 (some duplicates have been removed)
and the president to get their act together. the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . millionaire's status whi
to the lodge-time senator from hawaii. senator inouye lost an arm in world war ii and represented hawaii in congress for 50 years. the 88-year-old senator died monday from respiratory complications. his body will be returned to hawaii tomorrow. >>> time now just turning 5:17. a former u.s. marine praised for voluntarily guarding a school apparently lied about his military service. monday craig showed up to hughson elementary school and stood guard. he said he was a sergeant in the marine reserves and deployed to afghanistan. but the marines say he never served overseas and discharged as a private after serving nine months. some of the parents say the school should have performed a background check. >> yust to make sure that they are who they say they are. because anybody can do it. anybody can do it and they be doing just to take advantage and then something. something very bad could happen. >> he told the marine corp times he had been misquoted by the medesto bee but the medesto bee stands by their story. he did apologize. the marine corp has not said if he will face any kind of preproc
in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> in connecticut today funerals took place for two 6-year-old victims of the sandy hook elementary school massacre, now, we're learn morgue about the killer from a former friend. ways freshman where lanza was a sophomore, both members of the tech club. >> very intelligent person. just like the way he acted around other people was just very with draub drawn, and just quiet. he had a nerd look. like you know khaki pants, belt, tucked in shirt. he had little computer hit. -- kit like a brief case instead of a backpack and a pocket protector. at one point he was a good kid. the event he did that day, may have been evil. before then, he -- he was just another kid. >> he says he lost touch when lanza left high school for home schooling. >> officials in texas including the governor, rick pee$ prevent school shootings. governor perry says knee jerk gun control legislation snot the answer. h
the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es
. but president obama is cutting short his christmas vacation. he is leaving hawaii tonight, so that he can be back in washington when congress reconvenes tomorrow. and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. but lawmakers are expressing very little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking more than 100 troops and their families for their service. >>> and this morning, the taliban is claiming responsibility for a suicide bombing at a major u.s. base in eastern afghanistan. three afghans, including a guard at camp chatman were killed in today's explosion. >>> and back here at home, former major league baseball player andruw jones is free on bond this morning. he was arrested near atlanta early christmas morning on a battery charge, after police responded to a call about a domestic dispute with his wife. >>> and netflix, they are apologizing for a christmas outage in its vid
is in the nation's capital this morning. so president obama's in hawaii. house speaker john boehner and other lawmakers have gone home for the holidays. what does all this mean for the chance of getting a deal done before the deadline? >> reporter: no doubt that president obama went to a warmer climate with the weather and probably a warmer climate politically. if there's any negotiating that will be done now, it will have to be done long distance for the next few days. we know that speaker boehner and president obama spoke in washington yesterday before they left. but when you hear their final words to reporters, it shows there is a continued public divide. >> the president and senate democrats have vowed to reject and veto all of our proposals while failing to offer responsible solutions of their own. but the president has -- what the president has offered so far simply won't do anything to solve our spending problem and begin to address our nation's crippling debt. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class amer
than originally planned. mr. obama and the first lady traveled to a marine base in hawaii yesterday to visit with service members and their families. tonight, the president will make the long flight back to washington to resume negotiations to avoid that fiscal cliff. congress will also be returning on thursday, and we will finally see if they can come together and make an agreement. >> and the clock is ticking. we are now just days away. and the one thing that we off forget, this fiscal cliff, this isn't some small cliff we're talking about. this is like road runner, wylie coyote way off that cliff. you come off that cliff, it is a long way down. there are serious consequences for all of us. >> spending cuts, taxes raised across the board. and the president was hoping that everyone could cool off, drink of eggnog, spend time with the family and when you get back to washington on thursday, let's hammer it out. but a lot of people are saying it doesn't look like it may happen at all. >> a lot of people will be celebrating on new years. when we wake up january 1, there might be a lot
for the holidays, the president has gone to hawaii on vacation. white house correspondent brianna keilar tells us no one is really talking, anyone, to get this solved. at least not here at christmas. >> reporter: senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the senate and the house and that would mean democratic and republican support. right now, all eyes on the senate because they will reconvene on the 27th that is thursday. and senate majority leader harry reid, it is up to him really to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that will be very hard for some republicans, maybe even some democrats to sign on to. >> right, and, you know, for just about a week ago, it was common to hear, oh
majority leader harry reid were both here in honolulu yesterday for the funeral of hawaii senator daniel inouye. we're told they didn't really discuss what to do next. before he left washington the president urged leaders to craft a sort of scaled down plan that simply extends the bush tax rates for the middle class and extends long-term unemployment benefits for another year. but, jeff and rebecca, it's really unclear whether even a package like that could pass both houses of congress. so the president is going to be cutting his vacation short and heading back to washington midweek to work with congressional leaders. at that point, as you know very little time left to get a deal only about five days. >> the pressure will be on. no do-overs for this one. nancy, i want to turn to michael crapo and his dui. what kind of details are emerging on that? >> reporter: we're told senator crapo had a blood alcohol level of .110. he was pulled over early saturday morning in alexandria virginia, just outside of washington, d.c. when he ran a red light. he was given a field sobri
that you're on of the they were upset that they went on christmas vacations. the president went to hawaii and members of congress went home. both sides said we're going to come back to washington because we've got to solve the situation. i think what so many people are frustrated about is this is an ongoing situation. it's like every year we come to this point where we're talk being this cliff and this is what i think has angered so many voters and why congress has such a low approval rating. >> rick: they also got to this point because of their last time they did this. it was the last debt creating fight that deleted this thing. now they gave themselves an amount of time to work on it you and thought maybe last week there was a little progress being made. turns out there is not. we're back to exactly where we started at and we're eight days out now. >> clayton: you're right about that 'cause senator baucus, even back around thanksgiving, the senator from month month said oh, this is not going to get done, around thanksgiving. he said we will wait, as congress does, this will come to the
to hawaii to celebrate christmas with the first family, president obama tried to gifb lawmakers something to think about on their own holiday break. >> think about the obligations we have to the people who sent us here. >> nine days before the fiscal cliff and not a creature was stirring in washington. negotiations at an impass. the president says he hopes the holiday spirit will inspire a change of heart. >> everybody can drink some egg nog, have some christmas cookies. >> but republicans say the president's deal is jut too hard to swallow. >> the president's solution of raising tax rates would still be ready as far as the eyes could see. >> john boehner's plan b, raising taxes on americans making more than $1 million a year was scuttled by his fellow republicans. it's dead in the water with senate democrats. the president wants to lock in tax cuts for 98% of americans, but some house republicans refuse to raise taxes on anyone. for a few days though, both sides are setting aside the politics. >> i wish all the american people a blessed and merry christmas. merry christmas, everybody. >>
is confirming that it has plans for a sed set country in india. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type o
an electromagnetic pulse because a lot of disturbances in hawaii which is about 800 miles away. the soviets had a lot more experience than we. they actually developed -- we designed them but never built them, enhanced e.m.p. weapons. a single large nuclear -- i shouldn't say that. because it doesn't have to be a large bomb. because it could be a relatively small bomb that's e.m.p.-enhanced. a single appropriately bomb detonated three miles high over nebraska or iowa would prank et our whole country and -- blanket our whole country and if the e.m.p. lay down was robust enough, it would essentially fry all of our microelectronics. the grid would be down for a year or more. and your car wouldn't run and there have been a couple of books writ on that subject. one i would -- written on that subject. one i have read which is an easy read and i commend newt gingrich, he brought the author to my office and he mentioned this on the campaign trail, thank you, newt, this was a book called "one second after." i came to my office one day and there was a big book on my desk and there was a hand written note on it
Search Results 0 to 13 of about 14 (some duplicates have been removed)